
Building Permits Rise in US, Cyprus Faces Housing Crisis Due to Slow Approvals
While building permits in the US saw a 4.3% rise, Cyprus is experiencing a housing crisis exacerbated by slow building permit processes.
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Cyprus housing crisis fueled by slow building permits
Permit delays drive up Cyprus housing and rental costs Housing affordability in Cyprus is being driven not only by rising property prices, construction costs and interest rates, but also by the time it takes to secure planning and building permits, with delays potentially adding tens of thousands of € to the cost of a new […]
Read full article →Building permits rise 4.3%, missing forecast but showing improvement
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